Shib Original Vision
Crypto Overview
Project Overview
Shib Original Vision (SOV) appears to be a meme cryptocurrency created on the Ethereum blockchain, inspired by other dog-themed tokens. Limited verifiable information is available about this project.
Purpose and Utility
The token primarily functions as a speculative digital asset. No clear utility beyond trading has been identified. The project's website and social media presence are minimal, making it difficult to ascertain any specific intended use cases.
Business Model and Development
The project shows minimal development activity. No clear roadmap or substantial technological developments have been identified. The token appears to rely heavily on community trading and social media marketing.
Token Distribution and Founder Analysis
Token distribution information is not readily available through verifiable sources. The project's founders maintain anonymity, which while common in cryptocurrency, makes it difficult to assess their backgrounds and intentions.
Platform Activity
The token exists primarily on decentralized exchanges. Trading volumes and holder numbers suggest limited but existing market participation.
Sharia Considerations
The token involves actual asset ownership and transfer when traded. No evidence has been found of the project facilitating or being directly involved in prohibited activities such as interest-based lending, gambling, or adult content. The speculative nature of trading the token does not itself constitute a Sharia concern as real asset ownership is involved.
Crypto Impact
To assign a comfort level investing in Shib Original Vision from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Shib Original Vision.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.